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You deposit $2000 in an account with an annual interest rate of r (in decimal form) compounded monthly. At the end of 5 years, the balance A 60 = 2000 (1 + 2)50. r 12 A Find the rates of change of A with respect to r when r = 0.06, r = 0.09, and r = 0.12. (Round your answer to two decimal places.) (a) r = 0.06 $ (b) r = 0.09 $ (c) 012 X per 100 percentage points Xper 100 percentage points

You deposit $2000 in an account with an annual interest rate of r (in decimal form) compounded monthly. At the end of 5 years, the balance A 60 = 2000 (1 + 2)50. r 12 A Find the rates of change of A with respect to r when r = 0.06, r = 0.09, and r = 0.12. (Round your answer to two decimal places.) (a) r = 0.06 $ (b) r = 0.09 $ (c) 012 X per 100 percentage points Xper 100 percentage points

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 20E
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Find the rates of change.
You deposit $2000 in an account with an annual interest rate of r (in decimal form) compounded monthly. At the end of 5 years, the balance A is 60 F)50. r 12 A = 2000 1 + Find the rates of change of A with respect to r when r = 0.06, r = 0.09, and r = 0.12. (Round your answer to two decimal places.) (a) r = 0.06 $ (b) r = 0.09 $ (c) r = 0.12 $ X per 100 percentage points Xper 100 percentage points X per 100 percentage points
Transcribed Image Text:You deposit $2000 in an account with an annual interest rate of r (in decimal form) compounded monthly. At the end of 5 years, the balance A is 60 F)50. r 12 A = 2000 1 + Find the rates of change of A with respect to r when r = 0.06, r = 0.09, and r = 0.12. (Round your answer to two decimal places.) (a) r = 0.06 $ (b) r = 0.09 $ (c) r = 0.12 $ X per 100 percentage points Xper 100 percentage points X per 100 percentage points
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